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350 Morgan Mill Road, Stephenville, Texas– $1,799,000
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  • $1.8M Price
  • 4.22 Acres
  • 1989 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $1.8M Price
  • 4.22 Acres
  • 1989 Year Built
  • Study
  • Game Room
  • Media
  • Pool

350 Morgan Mill Road
Stephenville, Texas 76401

County: Erath Sims Add

Discover an exceptional investment opportunity with Star Lite Mobile Home Park, located on the outskirts of Stephenville, Texas. This established park sits on 4.2+ acres within city limits and features 23 mobile homes, along with a brick home. There are currently 12 occupied units. This provides a solid income base and room for revenue growth. The property also includes six vacant lots, presenting a unique opportunity to expand the park and increase occupancy. Zoned for retail and commercial business, the park offers flexibility for future development. City water and sewer services are in place, ensuring efficient operations. Star Lite's strategic location provides convenient access to Stephenville's amenities while offering a quieter, community-oriented environment. This mobile home park is an ideal investment for those seeking a stable income property with significant potential for expansion, renovations and value appreciation in a growing Texas market.

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Essential Information

  • Price$1,799,000
  • Reduced By$196,000
  • Cumulative Days on MarketUnlock
  • MLS® #21196003
  • Acres4.22
  • Year Built1989
  • Built Desc.Preowned
  • TypeCommercial Sale
  • Sub-TypeBusiness
  • StatusActive
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Quick Valuation Analysis from 3 Active Listings

Pricing Trends from 3 Active Listings in Sims Add

This Home's Price $1,799,000 This Home's Price Per SqFt $
Average Price $991,333 Average Price Per SqFt $
Highest Price $1,799,000 Highest Price Per SqFt $
Lowest Price $225,000 Lowest Price Per SqFt $

Property Details

Community

  • Address350 Morgan Mill Road
  • SubdivisionSims Add
  • CityStephenville
  • CountyErath
  • StateTexas
  • Zip Code76401
  • UtilitiesAll Weather Road, City Sewer, City Water
  • Taxes397

Amenities

  • GaragesOpen

Interior

  • FloorsOther
  • Stories1

Exterior

  • Lot DescriptionAcreage, Cleared, Interior Lot

Construction Details / Floorplan

  • Stories1
  • RoofComposition
  • FoundationPillar/Post/Pier
  • ConstructionBoard & Batten Siding, Brick, Siding, Other

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral, Electric

Additional Information

  • ZoningB-2: Retail and Commercial Business District

Private Listing Information (Registration Required)

Listing Details

  • AgentJ J Hampton
  • OfficeJ.j. Hampton Realty

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Listing information last updated on November 11th, 2026 at 4:22pm CST.